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Audi China says the first model developed by the Audi-SAIC Innovation Center is planned to launch in 2028.

2026-09-03

Audi China says the first model developed by the Audi-SAIC Innovation Center is planned to launch in 2028.

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2026-09-03

EUR/USD touched 1.1600, up 0.11% intraday.

EUR/USD touched 1.1600, up 0.11% intraday.
2026-09-03

South Korea's semiconductor exports jumped 209% YoY to a record USD 46.65 bln in August, accounting for 47.5% of the month's goods exports, driven by AI infrastructure demand. Moody's economist Dave Chia warned a rapid stop would pose problems: a gra

South Korea's semiconductor exports jumped 209% YoY to a record USD 46.65 bln in August, accounting for 47.5% of the month's goods exports, driven by AI infrastructure demand. Moody's economist Dave Chia warned a rapid stop would pose problems: a gradual slowdown is manageable, but Korea's two-speed economy means sectors able to offset a chip slump are currently under pressure. Monetary policy may limit the cushion—the Bank of Korea raised rates for a second time in August—Chia said if chip demand cools while policy tightens, domestic demand may not pick up the slack and the windfall will fade. Traditional exporters are weak: August auto exports fell 29.8% YoY. Chia also flagged US tariffs and production shifts to US plants as more durable headwinds.
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